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Breville shares fall 12% on US tariffs announcement

Summary by fool.com.au

Breville Group Ltd (ASX: BRG) shares fell 11.8% to an intraday low of $27.88 apiece due to the new US tariffs today. Breville shares are among the worst-hit S&P/ASX 200 Index (ASX: XJO) stocks after the US announced a range of new duties. Currently, Breville is the sixth-worst performer of the ASX 200 today, even after regaining some ground. The ASX 200 consumer discretionary share is now trading at $29.68, down 6.1%. The whitegoods manufacturer…

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channelnews.com.au

channelnews : Breville Shares Plunge as Trump Tariffs Send Shockwaves Through Market

Sydney-based kitchen appliance maker Breville Group saw its shares tumble nearly 5% today, shedding A$1.58 to close at A$30.04, following the announcement of new tariffs by US President Donald Trump. Trump has implemented a new 34% tariff on Chinese goods, adding to the existing 20% levy, bringing total duties to at least 54%. This move has major ramifications for investors, particularly those with exposure to the US market. Breville, which manu…

2 days ago

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